Fredericia, Denmarka
The Blackbaud Giving FundⓇ, a donor-advised fund that brings supporters and nonprofits together to advance the state of giving, announces the disbursement of over $682 million in charitable gifting in 2022 and a lifetime disbursement of over $1.6 billion. This reflects more than 8% increase in dollars granted compared to 2021, further showcasing donors’ commitment to supporting philanthropic impact locally and globally.
In 2022, The Blackbaud Giving Fund has safely disbursed funds from over 582,000 donors to more than 139,000 nonprofits in America and around the globe, making the Fund among the top ten largest donor-advised fund sponsors in America.
“The Fund exists to bring donors and nonprofits together with an efficient and secure donation process to power philanthropic efforts,” said Matt Nash, executive director of The Blackbaud Giving Fund. “The increase in average donation amounts shows us that people continue to value the work nonprofits do, so we will continue to support their efforts and prioritize safe and efficient disbursements to nonprofits.”
As one of the youngest donor-advised funds, The Blackbaud Giving Fund continues to offer safe and efficient transfers from donors to nonprofits to support global good. Offering nonprofits resources, including ACH payments, receipting, statistics, and reporting through the free NPOconnect platform, The Blackbaud Giving Fund seeks to offer valuable resources for nonprofits to help increase awareness and relationships with millions of potential donors.
With donors selecting to support nonprofits in sectors including civil rights, education, human services, agriculture, health initiatives, arts, and more, The Blackbaud Giving Fund actively vets each nonprofit to determine its credibility and its standing with the IRS to ensure donors’ money supports the causes that are important to them.
. Covia Europe’s core business is high-end resin coated ceramics, in the form of custom coatings, including resin coated ceramics for the oil and gas market and polymer coated sand for use as infill for artificial turf.
Operating in a country that is considered a hub for sustainable innovation, our Team Members in Denmark are leveraging cutting edge technologies to reduce our carbon footprint. In fact, the facility in Fredericia is targeting a 70% absolute reduction in GHG emissions by 2030.
Ongoing emissions-reducing initiatives aimed at achieving this target include:
- Using high-efficiency blowers in production processes;
- Sourcing at least 40% of electricity from wind turbines;
- Phasing out all existing forklifts in favor of electric-powered units; and
- Procuring required materials locally to decrease transportation emissions.
Importantly, these ambitious initiatives by our Team Members in Denmark will also help identify and test solutions that could be applied more broadly across our operations.
For more information about Covia’s energy efficiency and emissions reduction efforts, visit https://www.coviacorp.com/esg/environmental-stewardship/.